KM Financial Solutions | UPDATE 1-China’s CITIC to pay CEFC’s Czech debts, take J&T stake to end spat
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UPDATE 1-China’s CITIC to pay CEFC’s Czech debts, take J&T stake to end spat

UPDATE 1-China’s CITIC to pay CEFC’s Czech debts, take J&T stake to end spat

PRAGUE, May 25 (Reuters) – Czech financial firm J&T said on
Friday it had struck a deal with Chinese state conglomerate
CITIC Group to settle debts owed by troubled Chinese
company CEFC in an attempt to draw a line under a complex
dispute.

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